Thursday, March 28, 2024
 

Christie’s Slammed With a $16.7 Million Fine for Failing to Collect New York Sales Tax

To make matters worse, according to internal documents, when Christie’s tax officials realized their mistake, they sought to cover their tracks: the auction house’s tax manager misrepresented Christie’s private sales as sales from Christie’s New York in an effort to avoid arousing suspicion about its past error and getting audited.

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